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Revenue: Total fiber broadband revenues up 6% (NZD47 million) to over 1.1 million connections; copper broadband, voice, and data revenues down NZD34 million (45%) annually.
EBITDA: Increased 3% to NZD726 million, in line with the upper end of guidance.
Net Profit: Improved significantly to NZD37 million, up from NZD4 million in FY25.
Operating Cash Flow: Up 4% to NZD740 million.
Gross CapEx: NZD375 million, down NZD35 million from the prior year; sustaining CapEx was NZD205 million and growth CapEx was NZD170 million.
Dividend: Total FY26 dividend increased 4.3% to NZD0.60 per share; final dividend of NZD0.36 per share.
Fiber Uptake: Reached 75.9%, up from prior year; UFB 1 areas at 77.3% and UFB 2 areas at 67.5%.
ARPU: Increased approximately 2% to NZD59.51 for the year.
Operating Expenses: Declined by NZD6 million (2%) to NZD303 million.
Net Debt: NZD3.2 billion as of June 30, up NZD72 million from the prior year.
Copper Connections: Down 48,000 lines (52%) in the year, leaving roughly 44,000 services.
Copper Recycling: Contributed NZD4 million in EBITDA for the year; cumulative returns estimated at NZD50 million to NZD70 million out to 2030.
FY27 Guidance: EBITDA guidance range of NZD730 million to NZD760 million; total CapEx guidance of NZD375 million to NZD415 million; sustaining CapEx between NZD195 million to NZD215 million; dividend guidance of a minimum NZD0.62 per share.
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